American Friends Of Fundacion Cardio Infantil-Inst De Cardio Inc
- Assets
- $304.0k
- Revenue
- $624.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Pinecrest, FL
- Founding
- 03/2005
- Data as of
- 12/2021
- EIN
- 20-0227198
Organization Overview
American Friends Of Fundacion Cardio Infantil-Inst De Cardio Inc is located in Pinecrest, FL. The organization was established in 2005. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Friends Of Fundacion Cardio Infantil-Inst DE Cardio Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, American Friends Of Fundacion Cardio Infantil-Inst DE Cardio Inc generated $624.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $615.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEDICAL CARE GRANTS TO CHILDREN WITH CARDIOVASCULAR PROBLEMS LACKING FINANCIAL RESOURCES TO OBTAIN QUALITY HEALTHCARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS ESTABLISHED IN THE UNITED STATES ON JULY 10, 2003 IN ORDER TO EXPAND DONOR'S BASE OF THE FUNDACION CARDIOINFANTIL INSTITUTO DE CARDIOLOGICA, INC. AND TO PROMOTE AN INTERNATIONAL AWARENESS OF ITS MISSION AND THE SOCIAL IMPACT OF ITS ACTIVITIES. THROUGH AMERICAN FRIENDS FCI "DONORS WITH A HEART PROGRAM" WE ARE AIMING TO OBTAIN CONTRIBUTIONS FROM CORPORATIONS, MULTINATIONAL COMPANIES, INTERNATIONAL FOUNDATIONS, PHILANTROPIC ORGANIZATIONS, CHARITIES AND INDIVIDUAL DONORS TO IMPROVE THE FOUNDATION'S INCOME FLOW TO MAKE IT POSSIBLE TO GIVE COVERAGE TO A GREATER NUMBER OF UNDER-PRIVELEDGED CHILDREN WITH HEART PATHOLOGIES WHO DO NOT HAVE ANY STATE OR PRIVATE INSURANCE COVERAGE AND ARE IN DESPERATE NEED OF MEDICAL CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ricardo Gutierrez President | OfficerTrustee | 5 | $0 |
Carlos Alejandro Perez Treasurer | OfficerTrustee | 1 | $0 |
Mireya Cisneros Vice President | OfficerTrustee | 1 | $0 |
Ana Hughes-Freund Director | Trustee | 1 | $0 |
Santiago Cabrera Director | Trustee | 1 | $0 |
Juan Fernando Fonseca Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $622,342 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $622,342 |
| Total Program Service Revenue | $0 |
| Investment income | $1,964 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $624,306 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $513,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,213 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $150 |
| Fees for services: Other | $23,750 |
| Advertising and promotion | $129 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,306 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,336 |
| All other expenses | $571 |
| Total functional expenses | $615,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300,213 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,767 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $303,980 |
| Accounts payable and accrued expenses | $13,900 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,900 |
| Net assets without donor restrictions | $290,080 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $303,980 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that American Friends Of Fundacion Cardio Infantil-Inst De Cardio Inc has recieved totaling $433,278.
| Awarding Organization | Amount |
|---|---|
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $383,000 |
S&p Global Foundation New York, NY PURPOSE: GRANT TO SUPPORT DISASTER RESPONSE FOR HEALTH AND HUMAN SERVICES. | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $278 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Love A Child Inc Fort Myers, FL | $28,821,954 | $47,162,962 |
Salvadoran American Humanitarian Foundation Inc Miami, FL | $1,584,356 | $23,865,224 |
Advocates For World Health Inc Largo, FL | $1,849,097 | $14,932,639 |
Kids Alive International Inc Alpharetta, GA | $13,632,036 | $14,142,637 |
Compassion Heritage Foundation Inc Jacksonville, FL | $2,359,960 | $11,606,072 |
African Mission Healthcare Foundation DeLand, FL | $29,885,359 | $23,989,461 |
Amigos For Christ Buford, GA | $4,217,846 | $8,607,219 |
Insulin For Life Usa Inc Gainesville, FL | $7,217,189 | $8,108,896 |
Watoto Child Care Ministry Inc Tampa, FL | $4,552,352 | $8,144,856 |
Favor International Inc Bradenton, FL | $3,030,494 | $5,819,335 |
The Yonkofa Project Inc Peachtree City, GA | $245,141 | $5,183,771 |
Comfort Aid International Lake Mary, FL | $6,410,038 | $6,736,637 |